Inceptionr LLC Makes New $330,000 Investment in Hub Group, Inc. $HUBG

Inceptionr LLC purchased a new stake in shares of Hub Group, Inc. (NASDAQ:HUBG) in the 2nd quarter, HoldingsChannel reports. The fund purchased 9,877 shares of the transportation company’s stock, valued at approximately $330,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vident Advisory LLC raised its stake in shares of Hub Group by 3.3% during the 1st quarter. Vident Advisory LLC now owns 13,239 shares of the transportation company’s stock worth $492,000 after acquiring an additional 427 shares in the last quarter. Baird Financial Group Inc. grew its holdings in Hub Group by 0.6% in the first quarter. Baird Financial Group Inc. now owns 89,989 shares of the transportation company’s stock worth $3,345,000 after purchasing an additional 494 shares during the last quarter. Natixis Advisors LLC increased its position in shares of Hub Group by 3.2% during the first quarter. Natixis Advisors LLC now owns 18,471 shares of the transportation company’s stock worth $687,000 after purchasing an additional 576 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Hub Group by 2.2% during the second quarter. Rockefeller Capital Management L.P. now owns 29,465 shares of the transportation company’s stock worth $985,000 after purchasing an additional 626 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Hub Group by 5.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 13,765 shares of the transportation company’s stock valued at $460,000 after purchasing an additional 758 shares during the last quarter. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Wall Street Analyst Weigh In

HUBG has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Hub Group in a research note on Tuesday. Evercore ISI boosted their price target on Hub Group from $37.00 to $38.00 and gave the stock an “in-line” rating in a research note on Friday, October 31st. Barclays cut their price objective on shares of Hub Group from $40.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday, October 2nd. Susquehanna decreased their price objective on shares of Hub Group from $47.00 to $42.00 and set a “positive” rating for the company in a research report on Wednesday, September 24th. Finally, Stifel Nicolaus set a $41.00 target price on shares of Hub Group and gave the stock a “buy” rating in a research report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $39.83.

Hub Group Trading Down 0.7%

Shares of NASDAQ:HUBG opened at $38.52 on Friday. Hub Group, Inc. has a 52-week low of $30.75 and a 52-week high of $52.24. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 1.23 and a beta of 1.14. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $35.61 and a 200-day moving average price of $35.29.

Hub Group (NASDAQ:HUBG) last issued its earnings results on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, meeting analysts’ consensus estimates of $0.49. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The firm had revenue of $934.50 million for the quarter, compared to analyst estimates of $937.78 million. During the same quarter in the prior year, the firm earned $0.52 earnings per share. Hub Group’s revenue for the quarter was down 5.3% on a year-over-year basis. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Equities analysts predict that Hub Group, Inc. will post 2.2 EPS for the current year.

Hub Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Friday, December 5th will be paid a $0.125 dividend. The ex-dividend date is Friday, December 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.3%. Hub Group’s dividend payout ratio is presently 28.90%.

Hub Group Company Profile

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.